Riley Keough, granddaughter of Elvis Presley, is taking legal action to prevent the foreclosure of the iconic Graceland estate. Following the death of her mother, Lisa Marie Presley, Riley is challenging what she claims is a fraudulent attempt to sell the property. Reports suggest that the scheduled sale is based on falsified documents.
By August Roberts
Legal Battle Over Graceland
The foreclosure, set for May 23, is allegedly driven by a fraudulent scheme benefiting a possibly non-existent company. According to CNN, Riley Keough has obtained a temporary restraining order to stop the “extrajudicial sale” of Graceland. She filed a lawsuit in May, stating that Naussany Investments & Private Lending LLC presented documents claiming that Lisa Marie borrowed $3.8 million from them, using Graceland as collateral.
Disputed Claims Against Lisa Marie Presley
Keough’s lawsuit asserts that these documents are forgeries. “Lisa Marie Presley never borrowed money from Naussany Investments and never deeded a trust to them,” the suit claims. It also notes that a notary named in the documents has stated she never met Lisa Marie nor notarized any documents for her, despite her name appearing on them. The lawsuit further alleges that Naussany Investments is a “false entity” created solely for the purpose of fraud.
Priscilla Presley Speaks Out
CNN was unable to contact the alleged company by phone, received an out-of-office reply to an email inquiry, and could not find any legitimate business registered under that name in the United States. A hearing is scheduled for Wednesday morning to address these concerns.
Priscilla Presley, 78, Lisa Marie’s mother, has also weighed in on the matter via social media. She posted a picture of Graceland on Instagram with the caption: “It’s fraud!” Fans have expressed their relief in the comments, hopeful that Graceland will remain open and preserved. One user even credited Priscilla with ensuring that Graceland became a historic site.
Future of Graceland
The ongoing legal battle highlights the importance of Graceland, not just as a family heirloom, but as a cultural landmark. Fans around the world are closely watching the proceedings, eager to see the estate remain a tribute to Elvis Presley’s legacy. Riley Keough’s efforts to safeguard Graceland reflect her commitment to preserving her family’s history amidst challenging circumstances.
As the legal proceedings continue, the future of Graceland hangs in the balance. The outcome will determine whether the estate remains in the Presley family or falls victim to alleged fraudulent schemes. Riley Keough’s determination to fight for Graceland’s preservation is a testament to the enduring significance of this historic property.
Based on content from www.gala.de
